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GM Suspends Production Of The Chevy Blazer At Its Mexico Plant
Monday, October 21, 2019 - 11:20am | 210Read More...General Motors Company (NYSE: GM) reported that it has temporarily suspended production of its Chevrolet Blazer SUV at its manufacturing plant in Ramos Arizpe, Mexico. Production of the Blazer will be halted due to the shortage of parts caused by the strike of 48,000 United Auto Workers against...
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GM Strike Could Hurt Unionized Auto Haulers First
Tuesday, September 17, 2019 - 11:43am | 1302Read More...The halt in vehicle production at General Motors Company (NYSE: GM) plants on Sept. 16 over a labor dispute is expected to have ripple effects throughout the automakers' supply chain, but experts say the severity of any business interruption will depend on the duration of the strike by the United...
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Fiat Chrysler Proposes Merger With Renault To Form Third-Largest Auto Manufacturer
Tuesday, May 28, 2019 - 11:01am | 655Read More...Italian-American automaker Fiat Chrysler Automobiles NV (NYSE: FCAU) has released a non-binding letter to French auto manufacturer Renault proposing a merger of their businesses, with shareholders of both the companies owning 50 percent each of the combined business. If this deal goes through, the...
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Considering The Possibilities Of A Fiat Chrysler Break Up
Wednesday, August 23, 2017 - 12:01pm | 401Read More...Fiat Chrysler Automobiles NV (NYSE: FCAU) was trading higher Wednesday on news suggesting a potential spinoff of its Maserati line and other parts. Jefferies analysts Philippe Houchois and Ashik Kurian had been excited even ahead of reports, when the market passed mere speculation of interest by...
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The Silver Lining In Ford: Stock Slammed Since Earnings, But Dividend Yield Now Over 5%
Tuesday, August 2, 2016 - 1:36pm | 456Read More...Ford Motor Company (NYSE: F) saw its stock lose another 3 percent on Tuesday, bringing its total decline to more than 13 percent over the past five trading sessions. Ford reported weaker-than-expected earnings results for its second quarter, including an earnings miss and a declining net income....
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Uber Thriving Despite Auto Industry Decline
Monday, June 6, 2016 - 3:17pm | 366Read More...Is Uber to blame for auto stocks' underperformance? CNN Money's Paul La Monica offered a deep-dive look into the auto industry, which is declining at a time when Uber is growing. According to La Monica's article for auto manufacturers, she reported a "lousy" May with...
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Bloomberg: 'Big Auto Isn't Going To Win If It's Too Busy Paying For Past Mistakes'
Wednesday, May 18, 2016 - 4:03pm | 373Read More...Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) was the largest spender of R&D in the world with its secretive and futuristic Google X segment. Right? Wrong. Volkswagen AG (ADR) (OTC: VLKAY) (OTC: VLKPY) holds the title as the biggest R&D spender, as it dished out $15.1 billion over the past...
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Ford Gains 1% Following Top-And-Bottom Line Q1 Beat
Thursday, April 28, 2016 - 7:42am | 296Read More...Shares of Ford Motor Company (NYSE: F) were trading higher by more than 1 percent Thursday morning after the company reported its first quarter results. Ford said it earned $0.68 per share in the first quarter on revenue of $37.7 billion. Wall Street analysts were expecting the company to earn...
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General Motors Gains 3+% Following Q1 Top And Bottom Line Beat
Thursday, April 21, 2016 - 8:38am | 301Read More...Shares of General Motors Company (NYSE: GM) were trading higher by more than 3 percent early Thursday morning after the company reported its first-quarter results. General Motors said that it earned $1.26 per share in the first quarter on revenue of $37.3 billion. Wall Street analysts were...
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Vetr Top Raters Upgrade Ferrari, 89% Bullish
Monday, February 8, 2016 - 12:56pm | 211Read More...Shares of Ferarri NV (NYSE: RACE) have lost nearly 25 percent since its IPO debut but the stock's underperformance hasn't deterred Vetr top raters from holding a bullish stance on the maker of sports vehicles. Vetr top raters upgraded Ferrari's stock rating to 4.5-stars. However, the company isn't...
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What General Motors' 10K Hints About 2016, Citigroup Notes
Tuesday, February 24, 2015 - 11:50am | 289Read More...In a report published Monday, Citigroup analyst Itay Michaeli commented that in the coming months shares of General Motors Company (NYSE: GM) could re-rate higher due to share buybacks, tech and product improvements. Michaeli noted that an $8 billion share buyback program is "doable...
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Expert: Watch Sales (Not Earnings) At Tesla Today
Wednesday, February 11, 2015 - 11:34am | 248Read More...Speaking to Benzinga, Tigress Financial Partners Chief Investment Officer Ivan Feinseth said that when Tesla Motors Inc (NASDAQ: TSLA) reports its fourth quarter results on Wednesday, investors should focus on sales data, and not necessarily earnings data. Feinseth said Tesla's sales...
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The Report That Pushed Tesla Motors Up More Than 3%
Monday, February 2, 2015 - 12:31pm | 180Read More...Trip Chowdhry, co-founder of Global Equities Research, commented on Monday that Tesla Motors Inc (NASDAQ: TSLA) is a net beneficiary in a strong dollar environment. Chowdhry notes that 70 percent of Tesla's component suppliers are International and these components are used in 100 percent...
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Shares Of The Big 3 Fall Amid December Auto Sales Reports
Monday, January 5, 2015 - 2:08pm | 243Read More...Auto manufacturers on Monday announced December sales. Here is a recap of major U.S. manufacturers sales data: General Motors Company (NYSE: GM) reported its U.S. auto sales rose 19.3 percent from a year ago in December, topping analysts expectations of 13 percent growth. Dealers in the U.S....
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Total Return, Cars And Consumer Staples ETFs To Watch This Week
Monday, September 29, 2014 - 10:14am | 482Read More...Last week the markets were spooked by the continued rise in the U.S. dollar index and seasonal unrest. The week ahead features the release of construction, industrial manufacturing and employment data that could create an exciting end of the third quarter. Here are the key ETFs to watch for...
